World's best analysts compete to win Edelman Prize in operations research and... ( The Institute for Operations Researc...)

World's best analysts compete to win Edelman Prize in operations research and analytics

Date:2/7/2008

The Institute for Operations Research and the Management Sciences (INFORMS) today announced six finalists that will compete for the 2008 Franz Edelman Award for Achievement in Operations Research and the Management Sciences in Baltimore and Washington, DC this year.

Reflecting the wide-ranging use of operations research, the finalists include a Fortune 500 company, three teams from Western Europe, and two federal agencies.

The 2008 Franz Edelman finalists are:

1. Federal Aviation Administration, for a project entitled Airspace Flow Programs, which gives the FAA greater ability to control the nations skies at times of peak consumer usage and flight congestion.

2. Netherlands Railways, for The New Dutch Timetable: The O.R. Revolution, a solution that improved on-time performance and capacity for more than a million daily train passengers.

3. StatoilHydro, one of the worlds largest gas producers, and Gassco, the independent Norwegian network operator, for Optimizing the Offshore Pipeline System for Natural Gas in the North Sea.

4. The City of Stockholm, Sweden for Operations Research (O.R.) Improves Quality and Efficiency in Social Care and Home Help, a program that has brought improvements to the complex scheduling of more than 4,000 providers who help the sick and the elderly.

5. U.S. Environmental Protection Agency, for Reducing Security Risks in American Drinking Water Systems.

6. Xerox, for LDP Lean Document Production - Dramatic Productivity Improvements for the Printing Industry, which has bettered production and reduced costs for print shops and document manufacturers. The total impact to date on Xerox profits from the utilization of the LDP is about $200M. Xerox has filed 48 patents on this methodology and so far 11 have issued.

This is the 37th year of the prestigious Franz Edelman competition. The winner will be announced at a special awards banquet on April 14 at Applying Scien
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Contact: Barry List
barry.list@informs.org
443-757-3560
Institute for Operations Research and the Management Sciences
Source:Eurekalert

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World's best analysts compete to win Edelman Prize in operations research and...( The Institute for Operations Researc...),Health